Refinance Calculator

  Your Loan Information:
Principal Balance of your mortgage :
(call your mortgage lender for the current payoff amount)
Amount of your monthly mortgage payment:
Mortgage current interest rate:
Interest rate you will be refinancing at:
Number of years you will be refinancing for:
Closing costs required for refinancing:
 
  Results of Refinancing:
This is how much your monthly payment will be if you refinance:
Monthly Savings:
This is how much interest you will pay under your current monthly payment plan:
This is how much interest you will pay under your refinanced monthly payment plan:
This is how much interest you will save if you refinance:
Net Refinancing Savings (interest savings less closing costs):


Important Disclaimer: These Calculators are provided as a free service to our users. No guarantee, explicit or implied, is made regarding their accuracy or suitability to a specific purpose. The result of this calculation should not be taken as a statement of one’s credit-worthiness, but rather a general guideline of industry practices. Use of any calculator on this site shall constitute acceptance of the terms of this agreement.